Domain name reseller
The World Wide Web is an ever-flourishing platform that delivers new possibilities to earn money online. One of them is to become a domain reseller and offer domain names to end clients, generating profit from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered each and every day, and there are 1 000 000's of presently active domains, so this is an expanding marketing niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain is made of 2 pieces - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic Top-Level Domains include the most common domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names contain 2-character abbreviations that symbolize each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code top-level domain name, has a Registry - an institution that tackles the registrations and determines the prerequisites that each given top-level domain name may include, including the length of the registration term or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the corporations that actually sell the domain name to clients and manage all domain records.
Gain Cash From Selling Domains
Numerous Registrars have reseller programs that permit people to make cash from offering domains to end users. If you register with such a program, you can initiate your very own personal web business. Generally, a domain name will be more inexpensive if it is registered via a reseller rather than if it is bought directly from the Registrar by an end client. The reason is that resellers can contact more clients in provinces or states where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties will capitalize on that. Your profit will be the difference between the price that the user pays and the one that the Registrar charges for the domain name registration.
Offer TLDs Under Your Own Personal Brand Name
When you sign up for a domain reseller program, you will obtain a web space hosting Control Panel where you can select the prices for the various TLDs that the Registrar offers. Most corporations also offer billing software and site layouts for your virtual shop, and the automation of the whole process combined with the huge demand for domain names render the domain name reseller market so desirable. You will either have a pre-made web site and utilize the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your own website and order form. Normally, you have the option to pick between the 2 alternatives, so it all revolves around how proficient you are in these affairs. As a domain name reseller, you will operate on behalf of your very own personal trademark name and not under the Registrar's brand.
Earn Money From Reselling Webspace Hosting Packages As Well
A perfect addition to your domain reseller business would be to sell web hosting packages as well. In this way, you can offer a package deal to users who would like to make their web portal and require both a domain name and a web site hosting package. A few companies supply such options. With 'ResellersPanel', for instance, you can purchase a VPS or a dedicated server, and they will also offer you a domain reseller account and free-of-cost billing software to bill your customers. You can then offer TLDs and shared web hosting plans to customers, and since they offer many diverse domain name extensions, you will be able to provide domain and hosting services to customers from all over the globe.